A Step-by-Step-Guide on how to buy NEM (XEM) in Portugal
Step 1 – Signup to Coinbase – Get Free $10 You will first need to buy units of the major currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below to register and receive your first $10.
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. NEM (XEM) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Just follow these easy steps) Make sure you have selected the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, et cetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Locate (XEM) NEM As soon as your deposit has been verified, you'll now have access to your finances and you can initiate invest and trading. To purchase (XEM) NEM on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To discover (XEM) NEM, you will need to insert the cointype (XEM) into the search-box, which is marked in the picture. Make sure you have selected the right grouping, we have marked this also. Click on “XEM/BTC” to proceed.
Step 4 – Acquisition of (XEM) NEM As soon as you've found (XEM) NEM, you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). For now we're creating our own Limit Order. The “Price” field will be filled with the most recent tariff NEM (XEM) was sold for. You can change this to your preferred rate. The “Amount” field is the quantity of XEM you want to buy. The “Total” field is the total price in Bitcoin that you'll pay for the whole quantity of XEM. When you are glad, click on “Buy XEM”. Your order will be filled as soon as a Vender trades their XEM for the price you offered.
Step 5 – Withdraw NEM (XEM) Unless you are regularly trading, best advise is not to keep crypto on an Exchange for an extended time period. To withdraw your NEM (XEM), hover over the “Funds” tab and click on “Withdraw”. NEM (XEM) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find NEM (XEM) by using the provided drop-down box. Drop in the amount of NEM (XEM) you'd wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your right withdraw address. If you are satisfied, make a mouse click on “Submit”. You may be asked for email/phone verification ahead of a take off.